Federally backed loans in serious delinquency, past the point of collection by the primary lender, often end up at the US Treasury Department. This can include student loans, Federally backed agricultural loans, and as we often see, SBA backed loans.
If you are reading this article, chances are you once took on an SBA backed loan for your business and things have not worked out as planned. The business is closed and you were unsuccessful in settling your debt. Now you ...Continue Reading →